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certainly in 2012 when we talked about the negotiations over the debt ceiling. what president obama got was an extension of unemployment benefits an extension of the painful tax holiday. cenk: whoop-to-doo! >> for someone at the end of the level, that four or five weeks made a big difference. it also mattered in the fact that it did not detrimentally affect the economy with that we're talking then. now we're talking about something that necessarily is going to have to have some sweeteners in it and even still he might not have anything from the republicans. you have to look very very carefully to figure out if the big get is not worth some of the other things. cenk: not worth it at all. if you remember from kentucky, bunting proposed to cut unemployment, even the republicans called him radical. what we got was they extended unemployment, which even the republicans admitted not extending it was radical. beth i want to give you last word here, because i know lee agrees with me. go ahead. >> i would say you got to look at it for the long term. president obama has e
certainly in 2012 when we talked about the negotiations over the debt ceiling. what president obama got was an extension of unemployment benefits an extension of the painful tax holiday. cenk: whoop-to-doo! >> for someone at the end of the level, that four or five weeks made a big difference. it also mattered in the fact that it did not detrimentally affect the economy with that we're talking then. now we're talking about something that necessarily is going to have to have some sweeteners...
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ceiling. >> the debt ceiling, that even -- that makes me nervous. i'm twitching when i heard the words debt ceiling. stephen, do we think there's any more chance they're moving to at least some kinds of consensus of how we'll run the nation's books before we get to the debt ceiling? >> i'm not sure we are, actually. i think this budget was an ideological document -- >> aren't they all? wait, isn't that what it is, the president's mission statement, right? >> of course it is. no doubt about it. this is the president's statement. i worked for ronald reagan when we put our budgets. it's a statement of principle. the point i'm making is there's not a lot in here republicans are going to go say, oh, wonderful idea. we haven't talked about the new taxes which republicans will reject out of hand. the most interesting thing that happened this week when the president proposed what i think is a fairly modest change to social security, oh, my gosh, these organizations on the left, i mean, had cardiac arrest. and that makes me somewhat nervous about whether we'
ceiling. >> the debt ceiling, that even -- that makes me nervous. i'm twitching when i heard the words debt ceiling. stephen, do we think there's any more chance they're moving to at least some kinds of consensus of how we'll run the nation's books before we get to the debt ceiling? >> i'm not sure we are, actually. i think this budget was an ideological document -- >> aren't they all? wait, isn't that what it is, the president's mission statement, right? >> of course it...
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won't raids the debt ceiling without anything in return. the president knows that. the fact they're talking and that didn't happen before, and maybe partisanship is coming back. there is more bipartisan than last year. >> eric: let me add this. >> jamie: republicans may get something they don't want, the higher taxes. again. >> right. >> jamie: is that a deal-breaker? how do they come together on that? >> the republicans, they would raise some taxes. they say if you are going to use the revenue to lower other taxes. another discussion is tax reform. the republicans say that the president wants to to away with sequestration. and the republicans are not going to do away with that anytime soon. so there are many, many hurdles to overcome. but on medicare and taxes, we start to see some common ground. it will have to be a lot more in the coming weeks to get any type of grant bargain. >> at the same time that there is more spending in this budget. we know how everyone feels about that, i assume. it's a tough pill to swallow. when we are trying t
won't raids the debt ceiling without anything in return. the president knows that. the fact they're talking and that didn't happen before, and maybe partisanship is coming back. there is more bipartisan than last year. >> eric: let me add this. >> jamie: republicans may get something they don't want, the higher taxes. again. >> right. >> jamie: is that a deal-breaker? how do they come together on that? >> the republicans, they would raise some taxes. they say if...
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simply not doable. >> negotiate on the debt ceiling. the president should not negotiate on the debt ceiling. if this budget is part of a negotiation, that's a the wrong strategy. they're saying they won't negotiate on the debt ceiling and they shouldn't because every time -- >> okay, but this is my frustration with that, because i heard that line in december in the run-up to the fiscal cliff talks. when the deal was cut on new year's eve, five minutes before new year's eve, the line was, you know, they did not include a faux long-term extension of the debt ceiling, they did not address sequestration -- >> two months. >> there was business in that. >> and, and, and, instead of extending the bush tax cuts for people under $400,000 for a year so that they would have bargaining leverage now when this comes up, or a couple months when this comes up, they extended it forever -- >> there are two issues which the white house has permitted to get away from it each time there has been a negotiation, the filibuster and the debt ceiling. those two
simply not doable. >> negotiate on the debt ceiling. the president should not negotiate on the debt ceiling. if this budget is part of a negotiation, that's a the wrong strategy. they're saying they won't negotiate on the debt ceiling and they shouldn't because every time -- >> okay, but this is my frustration with that, because i heard that line in december in the run-up to the fiscal cliff talks. when the deal was cut on new year's eve, five minutes before new year's eve, the line...
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under obama's budget, by 2020, the national debt ceiling will exceed $25 trillion. >>> question. is this budget the basis for serious negotiations with the republican leadership? or is it a political ploy? pat buchanan? >> no i think he did throw out a card john with the social security chain cpi. but i don't think it will go anywhere for this reason. the president has tax increases in there the republican house simply cannot abide and go home and survive. he is not going to get those tax increases. secondly, this chain cpi, already has a fire storm inside the democratic party against him for going after social security and medicare. so i think he put this out here. but john the real long-term problem medicare, medicaid social security eat up more and more and more of the budget. you mentioned defense and discretionary spending go down less and less and less. and i think it is, you know, this is no new deal or no new frontier or no great society. it is a timid budget, i think. and it is a grim budget for the united states. >>> the cpi is the consumer price index. make your point
under obama's budget, by 2020, the national debt ceiling will exceed $25 trillion. >>> question. is this budget the basis for serious negotiations with the republican leadership? or is it a political ploy? pat buchanan? >> no i think he did throw out a card john with the social security chain cpi. but i don't think it will go anywhere for this reason. the president has tax increases in there the republican house simply cannot abide and go home and survive. he is not going to get...
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Apr 17, 2013
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possibly defaultings circumstance with the debt ceiling. and part of the reason why some have suggested that the debt ceiling is problematic and our need to raise it is problematic. it's because of a misconsumption as it relates to the debt ceiling represents. isn't it a backwards looking vehicle that gives the administration the opportunity to pay for bills that have already been encouraged. >> that's correct. most of the obligation that have been incurred or many obligation relate to policy and decisions that were made during the eight years of prior administration. that would include the tax cut. >> absolutely. >> and include the prescription drug benefit. conclude the entered to as it relates to iraq weapons of mass destruction that never found. >> all spending authorized by congress is included. and the spending you have described is all part of what is being covered. >> based on your experiences in clinton administration, it would be fair to say that perhaps the best strategy in order to deal with the debt problem as well as the defic
possibly defaultings circumstance with the debt ceiling. and part of the reason why some have suggested that the debt ceiling is problematic and our need to raise it is problematic. it's because of a misconsumption as it relates to the debt ceiling represents. isn't it a backwards looking vehicle that gives the administration the opportunity to pay for bills that have already been encouraged. >> that's correct. most of the obligation that have been incurred or many obligation relate to...
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the president has been very clear we're not going to negotiate around the debt ceiling and the debt ceiling needs to be increased to take care of spending that has already been taxed and we should not be manufacturing crises like the sequester, we should be turning the sequester off, making sure we don't lose hundreds of thousands of jobs, washington should return to regular order and that businesses and the american consumer have the confidence that washington is not going to manufacture a crisis. >> yield back the balance of my time. >> gentlelady from tennessee for five minute. >> thank you for being here. some of us like regular order and the rule of law. four quick questions. let me ask you first, section four 99 of title 49 p.m. u.s. code, sketches or really defines law-enforcement personnel as individuals of a rise to to carry firearms with the police power of arrest and identifiable by appropriate markings of a 40 so with sequestration and the debt crisis in mind and you talked about sequestration a lot today should federal agencies spend federal funds on law-enforcement uniforms fo
the president has been very clear we're not going to negotiate around the debt ceiling and the debt ceiling needs to be increased to take care of spending that has already been taxed and we should not be manufacturing crises like the sequester, we should be turning the sequester off, making sure we don't lose hundreds of thousands of jobs, washington should return to regular order and that businesses and the american consumer have the confidence that washington is not going to manufacture a...
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the president was clear that we would not negotiate around the debt ceiling, that the debt ceiling needs to be increased to take care of spending that is already past by this congress. therefore, we should not be manufacturing crises like the sequester. we need to turn off the sequester and make sure we don't lose hundreds of thousands of jobs. washington should return to regular order and we should let his messes and the american consumer have the confidence -- and let businesses and the american consumer have the confidence that washington will not manufacture another crisis. >> thank you for being here. some of us like regular order and we like the rule of law. and i have four quick questions for you. a of title 49 in the u.s. code statutorily defined slow enforcement personnel as individuals authorized to carry and use firearms are vested with the police power of arrest and are identifiable by appropriate markings of authority. with sequestration in the debt crisis in mind, should federal onncies spend federal funds law-enforcement uniforms for federal employees that do not meet this
the president was clear that we would not negotiate around the debt ceiling, that the debt ceiling needs to be increased to take care of spending that is already past by this congress. therefore, we should not be manufacturing crises like the sequester. we need to turn off the sequester and make sure we don't lose hundreds of thousands of jobs. washington should return to regular order and we should let his messes and the american consumer have the confidence -- and let businesses and the...
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Apr 12, 2013
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and as debt ceiling once again approaches. i deed it was made all the more worrisome by the house republican hearing yesterday that focused on the debt ceiling in terms of the possibility of obligations, ur obligations all emanating from congressional actions. we cannot continue on this dangerous path. hopefully this hearing will serve a constructive opportunity to embrace a different path. i yield back. >> thank you so much, mr. levin. again,s this my pleasure to welcome secretary jack lew back to the committee on ways and means. we look forward to your testimony. the committee received your written statement t will be made part of the formal record and secretary lew, you're recognized for five minutes. >> thank you very much, mr. chairman and thank you, mr. chairman, ranking member levin for your gracious welcome here today. it's an honor to appear and present the president's budget for next year. i sit here as chairman noted surrounded by four decades of memories of many important occasions when bipartisan cooperation has m
and as debt ceiling once again approaches. i deed it was made all the more worrisome by the house republican hearing yesterday that focused on the debt ceiling in terms of the possibility of obligations, ur obligations all emanating from congressional actions. we cannot continue on this dangerous path. hopefully this hearing will serve a constructive opportunity to embrace a different path. i yield back. >> thank you so much, mr. levin. again,s this my pleasure to welcome secretary jack...
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Apr 12, 2013
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the debt ceiling needs to be raised this summer. and nobody really can tell me how that is going to happen. here at the white house the expectation is that republicans will simply cave on this. like they caved earlier in the year giving a temporary increase. republicans say there is no way that can happen. even if john boehner wanted to cave on this, he couldn't pass an extension of the debt ceiling on its own in the house without something else. so really, charlie, when we get to this, the question is, you know, does that become the final opportunity to have something that looks a little bit like the grand bargain. or at least as carney at one point called it, the pe at this time bargain. but some kind of an agreement that does do something on entitlements an something on taxes. >> rose: does the president get some credit and also some achievements from all the meetings he is having with republicans and with senators? >> i think he does. and maybe the biggest indication of that is they aren't really talking much about it. you know,
the debt ceiling needs to be raised this summer. and nobody really can tell me how that is going to happen. here at the white house the expectation is that republicans will simply cave on this. like they caved earlier in the year giving a temporary increase. republicans say there is no way that can happen. even if john boehner wanted to cave on this, he couldn't pass an extension of the debt ceiling on its own in the house without something else. so really, charlie, when we get to this, the...
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ceiling and stuff that's in the short run. >> austan goolsbee, david stockman, we'll come back to you. this debate is not going to go away with this budget. up next, we look at the biggest driver of debt and health care. how to cut those costs. we have a great debate, when we come back. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. i was okay, but after lunch my knee started to hurt again. and now i've got to take more pills. ♪ yup. another pill stop. can i get my aleve back yet? ♪ for my pain, i want my aleve. ♪ [ male announcer ] look for the easy-open red arthritis cap. ♪ to try on these amazing depend silhouette briefs. oh, it's cheryl burke! who's this guy? security. cher
ceiling and stuff that's in the short run. >> austan goolsbee, david stockman, we'll come back to you. this debate is not going to go away with this budget. up next, we look at the biggest driver of debt and health care. how to cut those costs. we have a great debate, when we come back. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male...
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ceiling and stuff that's in the short run. >> ostaaustan goolsbee, david stockman, we'll come back to you. thank you very much. >>> up next, we look at the biggest driver of debt and health care. how to cut those costs. we have a great debate, when we come back. travelers a month find whatps 3n they're looking for. one traveler at a time. expedia. find yours. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. and need to get my car fixed? progressive makes it easy, because we give you choices. you can pick where to get your car fixed, we can cut you a check, or, at our service center, we take care of everything for you. [ relaxing music playing ] [ chuckles ] -whew, so many choices. -take your time. -the service center. -okay. giving you choices -- now, that's progressive. call or c
ceiling and stuff that's in the short run. >> ostaaustan goolsbee, david stockman, we'll come back to you. thank you very much. >>> up next, we look at the biggest driver of debt and health care. how to cut those costs. we have a great debate, when we come back. travelers a month find whatps 3n they're looking for. one traveler at a time. expedia. find yours. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national...
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Apr 15, 2013
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and if you look at the other big bills that have been passed, the debt ceiling extension, sandy relief or violence against women act, it was about 25% to 40% of the republican caucus and then overwhelming number of democrats who passed those pieces of legislation. so it will be no different if gun reform passes, and immigration reform passes. >> you make a good point, alex. it's very similar to the debt negotiations for the grard bargain. if we're going to pass this, we need huge democratic marge orts, and that means our folks have to man up and woman up and accept a few things that aren't exactly like they want them, too. that's going to be the case on the debt deal and it will be the case on immigration deal. >> but congressman let me ask you, a huge part of this is because the republican party knows that you've ameliorated the image among latinos and hispanic, understanding they're notç monolithic voting blocs. when you have this sort of cross-debate between mod rats in the party, much more broad-minded in terms of their semantic and their actual legislation they're proposing. >>
and if you look at the other big bills that have been passed, the debt ceiling extension, sandy relief or violence against women act, it was about 25% to 40% of the republican caucus and then overwhelming number of democrats who passed those pieces of legislation. so it will be no different if gun reform passes, and immigration reform passes. >> you make a good point, alex. it's very similar to the debt negotiations for the grard bargain. if we're going to pass this, we need huge...
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we're going to have a debt ceiling we have to worry about. when we take these numbers out of our budget, they have to pass bills given the numbers that are given. a few months ago i see another looming. the same kind of like we had just been through. president's did make a move on some of the mandatory spending efforts that i have been calling for. he talks about a balanced approach. if you eliminate all discretionary spending, we still have a half trillion dollar deficit. >> i would like to hear your opinion of chuck hagel. he has been on the job for a couple of months. .ou are pretty critical of him how would you read the job he has been doing? >> i would probably get him and a. >> why? prissy good about it. -- i feel pretty good about it. i did not have a boat. but he asked me what my concerns were. i have not fountain to be saying one thing and doing a different thing. did oppose some of watched the hearings. not alleviated. i opposed him. he called me. i was going to call him and he called me first. i am the secretary. i want to reach ou
we're going to have a debt ceiling we have to worry about. when we take these numbers out of our budget, they have to pass bills given the numbers that are given. a few months ago i see another looming. the same kind of like we had just been through. president's did make a move on some of the mandatory spending efforts that i have been calling for. he talks about a balanced approach. if you eliminate all discretionary spending, we still have a half trillion dollar deficit. >> i would like...
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that will change in the weeks ahead when lawmakers will square off on whether to raise the debt ceiling. at the recent clinton global initiative, the president recognized students from the university of virginia who won the top prize for their efforts in educating peers about the debt. >> i'm grateful for the passion many students has shown for this issue. they are creative in the competition. they made youtube videos and held social media contests. >> let's bring in team leader one of the five students who spearheaded the projects. good morning. congratulations. >> thank you, chris. >> so you won the top prize. you got to meet with president clinton. not bad. tell us about your project. >> sounds great. so the campaign was focused on getting students involved in the conversation and making sure that they're active in the learning process before we graduate and before we become representatives in any way or become leaders in our respective fields. our campaign focused on 31 initiatives that got students united with their community members and their representatives. we hosted senator mar
that will change in the weeks ahead when lawmakers will square off on whether to raise the debt ceiling. at the recent clinton global initiative, the president recognized students from the university of virginia who won the top prize for their efforts in educating peers about the debt. >> i'm grateful for the passion many students has shown for this issue. they are creative in the competition. they made youtube videos and held social media contests. >> let's bring in team leader one...
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ceiling, things that we've got to worry about, we're going to worry about when do we take the budget out of the budget and give it to the appropriator, they have to pass a bill given the numbers they are given. the numbers in the house will be different than the numbers in the senate. i see a few months from now, september 30th, it looming and the same fights we've been through. so i think the president in his budget did make a move on some of the mandatory spending effort that i've been calling for, because he talked about a balanced approach and we haven't done anything about mandatory, which is the real problem. because if you eliminate all the discretionary spending, we still have a half trillion dollars deficit annually. >> mr. chairman, sorry to interrupt. we're running out of time. i would like to hear your secretary of -- opinion of secretary hagueen, chuck hagel. it's been on the job for a couple of months now. you were very critical of him, with those in your party , how would you rate the job he is doing? >> i'd probably give him an a. >> really? why? >> i feel very good a
ceiling, things that we've got to worry about, we're going to worry about when do we take the budget out of the budget and give it to the appropriator, they have to pass a bill given the numbers they are given. the numbers in the house will be different than the numbers in the senate. i see a few months from now, september 30th, it looming and the same fights we've been through. so i think the president in his budget did make a move on some of the mandatory spending effort that i've been...
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ceiling again or else the u.s. could default on its credit. i think that is the sort of mechanism by which we're going to have more -- somebody is going to have to take some action. the question is how big. the president still on this offensive. i think what we have heard from republicans is they're genuinely impressed that the president has gone to these lengths. he's made them feel comfortable in the meetings but the problem is the president in showing good faith to talk about cutting entitlements and social security, he's angered some democrats and he doesn't have a lot of wiggle room now. he's hoping republicans meet him halfway. the problem still is the taxes. the republicans say they raised it in january. the president got what he wanted, albeit less than he want, but they don't want to do that again. let's have the budget cuts without that. i think that's the problem. as much as the president is wining and dining, i think this is where the sticking point will continue to be. >> you talk about no wiggle room.
ceiling again or else the u.s. could default on its credit. i think that is the sort of mechanism by which we're going to have more -- somebody is going to have to take some action. the question is how big. the president still on this offensive. i think what we have heard from republicans is they're genuinely impressed that the president has gone to these lengths. he's made them feel comfortable in the meetings but the problem is the president in showing good faith to talk about cutting...
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what this says to me is we're going to have another crisis, a debt ceiling crisis, because if the president thinks the republicans are going to go along with this, if they are going to go along with other sorts of tax increases, big tax increases for minor entitlement cuts, that's not going to happen. i mean, as we were saying before, it's the sequester, the spending austerity, the right kind of austerity, that is helping this economy right now. balanced off by the fed. we're not going to get rid that have and replace it with tax hikes. >> dave drucker, the gop wants to win in 2014, i get that, but if the gop becomes democrats, i don't think they are going to win in 2014. >> well, larry, i think everybody should disabuse themselves of the fact that the republicans are going to sign on to the obama budget in any form as it's presented today, and that they are going to support tax increases of any kind, and if the president thinks that the fiscal cliff deal is a way forward for him to cut more deal with the republicans he's going to be disappointed. not only is it bad for them politically, th
what this says to me is we're going to have another crisis, a debt ceiling crisis, because if the president thinks the republicans are going to go along with this, if they are going to go along with other sorts of tax increases, big tax increases for minor entitlement cuts, that's not going to happen. i mean, as we were saying before, it's the sequester, the spending austerity, the right kind of austerity, that is helping this economy right now. balanced off by the fed. we're not going to get...
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ceiling. at the end of the day, we got 2-1/2 trillion in spending restraints. the caps and the sequester, have been repeated efforts by democrats in the senate and the white house to try and undo that agreement of august 2011, but it's held. the sequester is holding. despite the historianics of not having easter egg hunts or not letting kids go through the white house, not letting the blue angels fly. they do that and looks silly, the boy who cried wolf. and at the end of the day we taxpayers won the fight, and those who believed in d.c., you had to raise taxes, in order to get any spending restraint, were wrong. we got suspending restraint without the tax increases. obama -- president obama is again saying'll never let you cut the budget unless you give me more tax increases. he said that the last three years and has lost several times on that fight. so does he want to have spending retrain or spitelement reform? -- restraint or entitlement reform? i don't think so. just look backwards. his f
ceiling. at the end of the day, we got 2-1/2 trillion in spending restraints. the caps and the sequester, have been repeated efforts by democrats in the senate and the white house to try and undo that agreement of august 2011, but it's held. the sequester is holding. despite the historianics of not having easter egg hunts or not letting kids go through the white house, not letting the blue angels fly. they do that and looks silly, the boy who cried wolf. and at the end of the day we taxpayers...
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that is the spirit in which i think the majority approaches the debt ceiling, to say, how are we going to tell the people that we're going to pay off the debt that we have now gone ahead and incurred. i think a little bit of forethought here, planning into the future, how are we going to pay the bills, is the emphasis. and i have always greed as the gentleman said, the debt ceiling something that is something that is necessary. we will bring a bill forward. i do think that we should be mindful of how we are going to tell the public we're going to go into the future and pay off these debts. as the gentleman has many children and grandchildren, he doesn't want his kids, nor do i want mine to be shouldering the debt and paying our bills. we should be really committing ourselves to not just borrowing more, not to just taking more from taxpayer dollars, because we have done a lot of that this year already. the the gentleman talks about the need to proceed with revenues. we already have bationed on some $50 billion of status revenues, taxes that are accounted for because of the fiscal cliff
that is the spirit in which i think the majority approaches the debt ceiling, to say, how are we going to tell the people that we're going to pay off the debt that we have now gone ahead and incurred. i think a little bit of forethought here, planning into the future, how are we going to pay the bills, is the emphasis. and i have always greed as the gentleman said, the debt ceiling something that is something that is necessary. we will bring a bill forward. i do think that we should be mindful...
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the debt ceiling issue approaching as later this summer we have an opportunity. the house is going to move now and put its priorities in place in the senate what do they agree or not we are going to move now and early to reassure people america will pay its debt but to reassure investors and those watching we are serious about tackling our problems. >> host: has sequestration affected your district? >> guest: it hasn't and in fact we talked in our town hall meetings we do a lot of them, people just sort of kind of laughed when we talk about a 500 lb government being forced to lose 10 pounds. people know it's just a small step. they are upset that it looks like the white house is choosing to inflect political pain on the community such as closing local air-traffic towers but for the most part, they think it is a small but important step in the right direction. >> host: was it a political victory for republicans? >> guest: i think it helped reassure americans that we were serious about making some small but important steps in the right direction locking those lower
the debt ceiling issue approaching as later this summer we have an opportunity. the house is going to move now and put its priorities in place in the senate what do they agree or not we are going to move now and early to reassure people america will pay its debt but to reassure investors and those watching we are serious about tackling our problems. >> host: has sequestration affected your district? >> guest: it hasn't and in fact we talked in our town hall meetings we do a lot of...
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Apr 14, 2013
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FOXNEWSW
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the democrats through obama said we will take on entitlements and we have the debt ceiling which we run up against in july again, and all of that is a recipe for a deal and if there is no deal and i am wrong and it doesn't happen, we are in for troubled times. >> the economy is getting worse for ordinary people. >> i don't think you can look at this, what washington doesn't care about is what is happening to the average american, what they are care about. we are told the storm is great because the fed is printing money like crazy. and to build up assets for banks but no one will stand up. what we have is a set of policemen dynamics which are relevant to so many americans. >>gregg: the taxes are kicking in, employers are dropping their obama health care or they are switching to higher workers' contribution and people with their own coverage are paying higher premiums. >> it is already beginning. you can see the unintended consequences. >> contributing to the decline in the president's levels? >> it is only going. for four years, when any us, anyone watching, goes to the drugstore and can
the democrats through obama said we will take on entitlements and we have the debt ceiling which we run up against in july again, and all of that is a recipe for a deal and if there is no deal and i am wrong and it doesn't happen, we are in for troubled times. >> the economy is getting worse for ordinary people. >> i don't think you can look at this, what washington doesn't care about is what is happening to the average american, what they are care about. we are told the storm is...
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146
Apr 18, 2013
04/13
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CSPAN
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obviously the debt ceiling is another point of which we will face with how to deal with the spiraling debt and out-of-control spending in washington, and i know the h desire to see the reduction i the need to borrow, the balancing of our budget and actually a return to a real growth in america of jobs, of the economy, of economic opportunity for all. and it is in that spirit that i know that he approaches this issue and so do i and i would say to the gentleman, when the rating agencies look at the credit worthiness of our nation -- and i think some of which have said as much -- it is, yes, to observe a political system that works, but it is also to make sure that there is demonstrable evidence that we are making progress in dealing with the problem. and that is the focus that we must all maintain. i mean, we know that the dispr portionate problem of the debt -- disproportionate problem of the debt have to deal with the unfunded liabilities of the entitlement programs. and we can see the white house and the president call for tax increases every other day, every day for that matter, an
obviously the debt ceiling is another point of which we will face with how to deal with the spiraling debt and out-of-control spending in washington, and i know the h desire to see the reduction i the need to borrow, the balancing of our budget and actually a return to a real growth in america of jobs, of the economy, of economic opportunity for all. and it is in that spirit that i know that he approaches this issue and so do i and i would say to the gentleman, when the rating agencies look at...
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200
Apr 11, 2013
04/13
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CNBC
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fourth him of the debt ceiling was going to derail our economy for certain, even if we manage to solve the fiscal cliff and the sequester lurked ominously. no matter what deal the politicians made. these would have course throw us off track and cause much higher unemployment. finally, four months ago, fourth quarter earnings, the reports were right around the corner and they were supposed to be, yes, nothing to write home about, or maybe worse, particularly the worldwide slowdown that europe seemed to be mandating, we could have huge downside surprises and the last time we had some pre-announcements -- wait a second. what actually happened? how about we had the best first quarter in 15 years. how is that possible? i think it's because the market has changed its animals. i'm not kidding. investors stopped being scared of washington or europe or earnings shortfalls and they decided to embrace the future, not spurn it. they became like ulysses and his crew, strapped to the mast, oblivious to the sell, sell, sell sirens of the saturnine set. where is sappho when you need him? we got to the
fourth him of the debt ceiling was going to derail our economy for certain, even if we manage to solve the fiscal cliff and the sequester lurked ominously. no matter what deal the politicians made. these would have course throw us off track and cause much higher unemployment. finally, four months ago, fourth quarter earnings, the reports were right around the corner and they were supposed to be, yes, nothing to write home about, or maybe worse, particularly the worldwide slowdown that europe...
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95
Apr 11, 2013
04/13
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CSPAN
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eye 95
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ceiling which lets the country borrow money to pay its bills. as a part of that agreement, a large number of people from both parties voted for something that hasn't turned out very well. and it's called sequestration. this is a word that gets tossed around in this chamber. it is having a real and negative impact on the country. i just came from a hearing of the armed services committee where the chairman of the joint chiefs of staff and the secretary of defense told us that nine battle groups and three bomber groups of our air force and our navy planes have been grounded. about 1/3 of the nation's air capacity isn't flying. across the country today, people who are on medicare, who need chemotherapy treatments from their doctors offices are finding that many doctors are declining to do chemo therapy treatments for cancer patients because of the cuts that take place in sequestration. i met earlier this week with employees of the naval sea systems engineering command in philadelphia whom i represent. they're looking at a 20% pay cut because of fur
ceiling which lets the country borrow money to pay its bills. as a part of that agreement, a large number of people from both parties voted for something that hasn't turned out very well. and it's called sequestration. this is a word that gets tossed around in this chamber. it is having a real and negative impact on the country. i just came from a hearing of the armed services committee where the chairman of the joint chiefs of staff and the secretary of defense told us that nine battle groups...
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131
Apr 15, 2013
04/13
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CURRENT
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ceiling. >> beep on guns. bi-partisan on immigration. maybe we can get to where we have bip beep on the bucket. in connection cook good to have you with us. follow her at national journal.com and i will be back and tell you what the president is up to today. >> this is "the bill press show." can become major victories. i'm phil mickelson, pro golfer. when i was diagnosed with psoriatic arthritis my rheumatologist prescribed enbrel for my pain and stiffness, and to help stop joint damage. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections tuberculosis lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores have ha
ceiling. >> beep on guns. bi-partisan on immigration. maybe we can get to where we have bip beep on the bucket. in connection cook good to have you with us. follow her at national journal.com and i will be back and tell you what the president is up to today. >> this is "the bill press show." can become major victories. i'm phil mickelson, pro golfer. when i was diagnosed with psoriatic arthritis my rheumatologist prescribed enbrel for my pain and stiffness, and to help...
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101
Apr 15, 2013
04/13
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MSNBCW
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>> i remember when gabby came on the floor for the first time during the debt ceiling deal and you know, we were in a very polarized state of mind then. it was a very tough situation and gabby's presence melted a lot of frozen hearts on the house floor. and given that we've had someone so close to us affected directly by gun violence, hopefully you know, if there's anybody that can impact a frozen republican heart, gabby can. iç think also, it's important note, chris, that tomorrow we will dedicate the zimmerman room in honor of gabby's staffer who was the first staffer killed in the line of duty who was killed during the tucson shooting and we'll dedicate that room in the capital visitors' center tomorrow. >> we have seen, some of the newtown victims' families, obviously having an effect, 16 republicans crossing over cloture to start the debate. the emotional appeal on this issue at least right now is paying political dividends. >> it's just common sense. >> yes, ma'am. >> this is beyond emotion, it's common-sense. >> okay, i want to switch to immigration. a topic important to you as
>> i remember when gabby came on the floor for the first time during the debt ceiling deal and you know, we were in a very polarized state of mind then. it was a very tough situation and gabby's presence melted a lot of frozen hearts on the house floor. and given that we've had someone so close to us affected directly by gun violence, hopefully you know, if there's anybody that can impact a frozen republican heart, gabby can. iç think also, it's important note, chris, that tomorrow we...
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119
Apr 12, 2013
04/13
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CSPAN
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and i've always agreed, as the gentleman said, the debt ceiling is something that is necessary for the operations of government. we'll bring a bill forward that will ensure that we don't go into default, but i do think that we should be mindful of how we're going to tell the public we're going to go in the future and pay off these debts. because as the gentleman has many children and grandchildren, he doesn't want his kids nor do i want mine to be shouldering the debt and paying our bills. we should be really committing ourselves not to just borrowing more, not to just taking more from taxpayer dollars because we've done a lot of that this year already. the gentleman talks about the need to proceed with revenues. we already have close to $650 billion i of additional static revenues, taxes that are accounted for because of the fiscal cliff deal. so it's not that there's no revenues in the mix here. so again i look forward to working with the gentleman. i appreciate his commitment to longevity in this country, sustaining economic growth or at least restarting it again so we can sustain i
and i've always agreed, as the gentleman said, the debt ceiling is something that is necessary for the operations of government. we'll bring a bill forward that will ensure that we don't go into default, but i do think that we should be mindful of how we're going to tell the public we're going to go in the future and pay off these debts. because as the gentleman has many children and grandchildren, he doesn't want his kids nor do i want mine to be shouldering the debt and paying our bills. we...
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98
Apr 15, 2013
04/13
by
CSPAN2
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eye 98
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ceiling once again approaches. indeed, it was made all the more worrisome by the house republican hearing yesterday that focus on the debt ceiling in terms of the possibility of prioritizing our obligations, obligations all emanating from congressional actions. we cannot continue on this dangerous path. hopefully this hearing will serve a constructive opportunity to embrace a different path. i yield back. >> thank you very much, mr. levitt. again, it's my pleasure to welcome secretary jack lew back to the committee on ways and means. we look forward to your testimony. the committee has received your written statement. it will be made a part of the formal record. secretary lew, you're recognized for five minutes. >> thank you, mr. chairman, and thank you, mr. chairman, ranking member levin, for your gracious welcome here today. it's an honor to appear and to visit the president's budget for next year. and i sit here as the chairman noted, surrounded by four decades of memories of many important occasions. when bipar
ceiling once again approaches. indeed, it was made all the more worrisome by the house republican hearing yesterday that focus on the debt ceiling in terms of the possibility of prioritizing our obligations, obligations all emanating from congressional actions. we cannot continue on this dangerous path. hopefully this hearing will serve a constructive opportunity to embrace a different path. i yield back. >> thank you very much, mr. levitt. again, it's my pleasure to welcome secretary...
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72
Apr 11, 2013
04/13
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CSPAN
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. >> on the debt ceiling, how do you see it playing out? you want it todo play out? >> the house is going to move a bill to give the treasury the ability to make interest payments, to make social security payments, in some particular fashion. our ur goal here is to put spending on a sustainable path. it isn't to default on our debt. the goal is to cut spending. i've made clear that until we get spending cuts and reforms that put us on a path to balance the budget in the next 10 years we're going to have fights. >> are you willing to have it turn out in 2011 again, to get to that level of suspense? >> i spent two and half years focused on this one issue in a big way. i think most you have understand my point to get this government to deal honestly with the spending problem. i've watched this government kick the can down the road and kick the can down the road. i swore to myself they would not do it and i'm not. briefing hner earlier. nancy pelosi had a briefing as well. >> tomorrow marks the 100th day of the 113th congress. i believe for the first 100 days he republic
. >> on the debt ceiling, how do you see it playing out? you want it todo play out? >> the house is going to move a bill to give the treasury the ability to make interest payments, to make social security payments, in some particular fashion. our ur goal here is to put spending on a sustainable path. it isn't to default on our debt. the goal is to cut spending. i've made clear that until we get spending cuts and reforms that put us on a path to balance the budget in the next 10...
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214
Apr 11, 2013
04/13
by
CNNW
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eye 214
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because the debt ceiling debate that's coming before us. >> let me tell you why you are not easing my indigestion, i am afraid of what success may look like. >> nobody gets all that they want. and it's about time we started to come to some sort of agreement on something. although the background check isn't the best, at least they came to some sort of agreement. when was the last time that happened? >> and the public is engaged in the debate, and the public demanding action from legislateors. that's critical. >> we are taking on so many issues, agreement isn't always to be celebrated. on the issue of background checks, i don't think it's a compromise worth having. >> okay, well, i'm kind of depressed by you today, will. >> sorry. >> will kain, robert zimmerman. >>> talk about a spoiler alert. kevin bacon of "the following" reveals a major plot twist and now he's apologizing. carfirmation. only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another w
because the debt ceiling debate that's coming before us. >> let me tell you why you are not easing my indigestion, i am afraid of what success may look like. >> nobody gets all that they want. and it's about time we started to come to some sort of agreement on something. although the background check isn't the best, at least they came to some sort of agreement. when was the last time that happened? >> and the public is engaged in the debate, and the public demanding action...
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125
Apr 11, 2013
04/13
by
CURRENT
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eye 125
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ceiling thing was going on because we need more taxes. this chain cpi, i don't think it's that terrible because when prices go up on certain things we buy, we as consumers do make choices to substitute for other product. sorry the highest respect for elizabeth warren i'm so happy she is in the senate -- >> stephanie: me too. and nancy pelosi agrees with you on that. >> yeah, we're in a world of tough decisions, stephanie. there just aren't any easy decisions anymore. it is going to hurt. the best thing we can all do -- david [ inaudible ] from the "new york times" wrote a small book about how the budget works. it's just interesting to understand what gets spent and how and then every one of us no matter whether we're liberal or conservative make an informed decision to say what am i prepared to give up, because it is going to be about giving something up. it's not going to be about getting more right now. >> stephanie: yeah, i do agree with you on -- that was the only leverage the president had when the taxes were going to go up anyway. a
ceiling thing was going on because we need more taxes. this chain cpi, i don't think it's that terrible because when prices go up on certain things we buy, we as consumers do make choices to substitute for other product. sorry the highest respect for elizabeth warren i'm so happy she is in the senate -- >> stephanie: me too. and nancy pelosi agrees with you on that. >> yeah, we're in a world of tough decisions, stephanie. there just aren't any easy decisions anymore. it is going to...
70
70
Apr 18, 2013
04/13
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CSPAN2
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they said we will reduce the growth in spending by the amount raised the debt ceiling, 2.1 cheyenne. 1.1 trillion was sequestered. if the agreement was not reached by the committee in the committee did not reach an agreement, there is no provision in the budget control act agreement to raise taxes. the president did raise taxes $600 billion, there was never an agreement to raise taxes. so that's where we've got a loggerhead. this is the problem. at the end of debate i remember when the president guaranteed the american people sequester wouldn't happen. but it is happening. it's happening right now in the law. the house has proposed a budget that eliminates cuts on the defense department, besides other cuts to replace them when. the president is saying he wants to eliminate the sequester are apparently indicates he does, but he wants to do it raising taxes and that is a nonstarter. under our current day, we increase spending every year. the difficulty is that pointed out before our committee so many times is half the reductions in spending and sequester file on the defense department
they said we will reduce the growth in spending by the amount raised the debt ceiling, 2.1 cheyenne. 1.1 trillion was sequestered. if the agreement was not reached by the committee in the committee did not reach an agreement, there is no provision in the budget control act agreement to raise taxes. the president did raise taxes $600 billion, there was never an agreement to raise taxes. so that's where we've got a loggerhead. this is the problem. at the end of debate i remember when the...
136
136
Apr 12, 2013
04/13
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CSPAN
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eye 136
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i have always agreed, as the gentleman said, the debt ceiling is something that is necessary for the operations of government. we will bring a bill forward that will ensure that we do not go into default, but i do think that we should be mindful of how we are going to tell the public we are going to go into the future and pay off these debts. the gentleman has many children and grandchildren. he does not want his kids, nor do i want mine to be shouldering the debt and paying our bills. really committing ourselves not to just borrowing more, not to just taking more from taxpayer dollars, because we have done a lot of that this year already. the gentleman talks about the need to proceed with revenues. we already have close to $650 billion of additional static revenues, taxes that are accounted for because of the fiscal clef deal. it is not that there are no revenues in the mix here. i look forward to working with the gentleman. i appreciate his commitment to longevity in the country, sustaining economic growth or restarting its the we can -- restarting its so that we can sustain it. i
i have always agreed, as the gentleman said, the debt ceiling is something that is necessary for the operations of government. we will bring a bill forward that will ensure that we do not go into default, but i do think that we should be mindful of how we are going to tell the public we are going to go into the future and pay off these debts. the gentleman has many children and grandchildren. he does not want his kids, nor do i want mine to be shouldering the debt and paying our bills. really...
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152
Apr 16, 2013
04/13
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CNBC
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whether it be concerns about the budget or the debt ceiling, it's one of these issues. >> and all of these come as the banks are performing very well. if you want to know whether they are safer, if they are better businesses compared to a year ago, that's another question, right, mary? >> take a look at the revenue. a number of banks would argue, yes, we are safer. but as far as revenue goes, this is speaks to how the businesses are performing. really the growth on the revenue front isn't there. it's either down or very slight increases in revenue growth. you are seeing improvement in profitability as these companies continue to cut costs. they're being very, very aggressive on expense management. and that's helping to drive the bottom line. >> let's get to ww gragranger. this is a big move in today's session. >> there was a company in the machinery and repair business, a good window into the industrial businesses, $240 stock, which is a big stock that people tend not to talk about. they miss sales estimates. sales continue to grow. interesting. they blamed it on one day less in the
whether it be concerns about the budget or the debt ceiling, it's one of these issues. >> and all of these come as the banks are performing very well. if you want to know whether they are safer, if they are better businesses compared to a year ago, that's another question, right, mary? >> take a look at the revenue. a number of banks would argue, yes, we are safer. but as far as revenue goes, this is speaks to how the businesses are performing. really the growth on the revenue front...
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103
Apr 11, 2013
04/13
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CSPAN
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eye 103
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the houseebt ceiling, will move now to put its priority in place. we will move now early to reassure people that america will pay its debts. we are serious about tackling our problems. affected sequestration your district? guest: it has not. people laugh when you talk government0-pound being forced to lose 10 pounds. closing local air-traffic towers. they think it is a small step in the right direction. host: was it a political victory for republicans? guest: it helped reassure americans that we were serious about making some small but important steps in the right lowerion, walking those levels in was important -- locking those lower levels in was import. i believe we have the political courage to get this done. we have laid out courageous steps on medicare and medicaid to solve those. the president is willing to take some small steps towards us. host: wallace is a republican in dallas. caller: good morning. thank you for taking my call. police officer and i collect revolvers. my comment for the representative is that i have been leery when the gove
the houseebt ceiling, will move now to put its priority in place. we will move now early to reassure people that america will pay its debts. we are serious about tackling our problems. affected sequestration your district? guest: it has not. people laugh when you talk government0-pound being forced to lose 10 pounds. closing local air-traffic towers. they think it is a small step in the right direction. host: was it a political victory for republicans? guest: it helped reassure americans that...